Question

The regular price of a sweater is $32. It is marked down 30%, and the sales tax is 4%. How much change should be received from $25?

Answer 1

1. Calculate the reduced price (30% down):

multiply the regular price by 0.3:

`32\cdot0.3=9.6`

Subtract 9.6 from the regular price:

`32-9.6=22.4`

Then, the reduced price is $22.4

2. Calculate the sales tax (sales tax is charged on the reduced price):

`\begin{gathered} 22.4\cdot0.04=0.896 \\ \\ \\ 22.4+0.896=23.30 \end{gathered}`

Final Price: $23.30

3. Subtract the final price from the $25:

`25-23.30=1.70`Then, the change is $1.70